The Office of Refugee Resettlement (ORR) within the Administration for Children and Families (ACF) invites eligible entities to submit competitive grant applications for projects to establish and manage Refugee Individual Development Accounts (IDA) for low-income refugee participants.
Donor Name: Administration for Children and Families
State: California
County: All Counties
Type of Grant: Grant
Deadline: 07/07/2023
Size of the Grant: $350,000
Grant Duration: 48 months
Details:
Eligible refugee participants who enroll in these projects will open and contribute systematically to IDAs for specified asset goals. Asset goals may include homeownership, business capitalization, vehicles for traveling to work or education, professional certification, and education (limited to postsecondary education, college entrance exam fees, and preparation and test fees for the Test of English as a Foreign Language (TOEFL) and General Education Development (GED) exam). Successful grant recipients will be expected to coordinate their policies and procedures for developing and administering refugee IDA projects with ORR and with the existing refugee IDA network. The Refugee IDA Program represents an anti-poverty strategy built on asset accumulation for low-income refugee individuals and families to promote refugee economic independence. IDAs are leveraged or matched savings accounts established in qualified financial institutions.
The objectives of the Refugee IDA Program are to help clients:
- Establish IDAs;
- Maintain regular saving habits;
- Participate in the financial institutions of this country;
- Acquire assets to build individual, family, and community resources;
- Increase their knowledge of financial and monetary topics, including developing a household budget;
- Advance their education;
- Buy homes;
- Gain access to capital; and
- Increase the socio-economic development of their communities.
Data points for the Refugee IDA Program Indicators will include the following:
- Recruitment and Enrollment
- Training and Technical Assistance
- Training and Technical Assistance
- Economic Self-Sufficiency
- Logic Model Progress
Funding Information
- Estimated Total Funding: $4,500,000
- Award Ceiling: $350,000
- Award Floor: $100,000
Length of Project Periods
48-month project period with four 12-month budget periods.
Eligible Applicants:
- County governments
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Special district governments
- Public and State controlled institutions of higher education
- Independent school districts
- Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
- State governments
- Private institutions of higher education
- Native American tribal organizations (other than Federally recognized tribal governments)
- Native American tribal governments (Federally recognized)
- Public housing authorities/Indian housing authorities
- City or township governments
Additional Information on Eligibility:
Public or private non-profit agencies are eligible for awards under this announcement. Applications from individuals (including sole proprietorships) and foreign entities are not eligible and will be disqualified from competitive review and funding under this funding opportunity. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity. Faith-based organizations may apply for this award on the same basis as any other organization, as set forth at and, subject to the protections and requirements of 45 CFR Part 87 and 42 U.S.C. 2000bb et seq., ACF will not, in the selection of recipients, discriminate against an organization on the basis of the organization’s religious character, affiliation, or exercise.
For more information, visit Grants.gov.